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OUE REIT (SGX:TS0U)’s 1H26 revenue and net property income (NPI) grew 3.8% and 4.8% y-o-y to S$136.1m and S$110.3m, respectively.
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Growth was largely driven by the hospitality segment, where revenue and NPI jumped 11.2% and 12.3% y-o-y to S$50.1m and S$45.1m, respectively, underpinned by a 10.7% y-o-y increase in portfolio RevPAR to S$258 (Hilton Singapore Orchard: +12.6% to S$259; Crowne Plaza Changi Airport: +7.5% to S$257m).
A strong set of 1H26 results with management constructive on 2H26 outlook
- - Read this at SGinvestors.io -
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The Singapore office portfolio saw committed occupancy fall 3.7 percentage points (ppt) q-o-q to 91.5%, which management attributed to transitional downtime between tenant leases, while rental reversions further moderated to 4.7% during the quarter (1Q26: +6.0%).
- - Read this at SGinvestors.io -
1H26 DPU outpaced our expectations.
- Read more at SGinvestors.io.
Above is an excerpt from a report by OCBC Group Research.
Clients of OCBC Securities may be the first to access the full PDF report @ https://www.iocbc.com/.
Ada Lim OCBC Group Research | https://www.iocbc.com/ 2026-07-23
Previous report by OCBC:
2026-06-25 OUE REIT - Changi Airport In The Rearview Mirror.
Price targets by 3 other brokers at OUE REIT Target Prices.
Listing of research reports at OUE REIT Analyst Reports.
Relevant links:
OUE REIT Share Price History,
OUE REIT Announcements,
OUE REIT Dividend Payout Dates & Corporate Actions,
OUE REIT News
